Centaurus Financial Inc. Cuts Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Centaurus Financial Inc. trimmed its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLTFree Report) by 39.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 172,721 shares of the exchange traded fund’s stock after selling 114,273 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 0.9% of Centaurus Financial Inc.’s portfolio, making the stock its 17th largest holding. Centaurus Financial Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $15,084,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Independence Bank of Kentucky purchased a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $26,000. Richardson Financial Services Inc. bought a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $30,000. New Wave Wealth Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $32,000. Van ECK Associates Corp lifted its position in iShares 20+ Year Treasury Bond ETF by 82.4% during the fourth quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 178 shares during the last quarter. Finally, Fairway Wealth LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $63,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 1.4%

TLT stock opened at $85.73 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.30 and a 52 week high of $101.64. The company has a fifty day simple moving average of $87.94 and a two-hundred day simple moving average of $89.01. The firm has a market capitalization of $46.39 billion, a P/E ratio of -6.91 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were given a dividend of $0.3276 per share. The ex-dividend date was Thursday, May 1st. This represents a $3.93 annualized dividend and a yield of 4.59%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33.

About iShares 20+ Year Treasury Bond ETF

(Free Report)

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years.

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Institutional Ownership by Quarter for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

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